Discount given List Price and Price Paid Solution

STEP 0: Pre-Calculation Summary
Formula Used
Discount = List Price-Price Paid
D = LP-SP
This formula uses 3 Variables
Variables Used
Discount - Discount is the difference between the selling price and the price paid for the item.
List Price - List Price is the price of an article as shown in a list issued by the manufacturer.
Price Paid - The price paid is the price at which the consumer buys a product.
STEP 1: Convert Input(s) to Base Unit
List Price: 51.5 --> No Conversion Required
Price Paid: 50 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
D = LP-SP --> 51.5-50
Evaluating ... ...
D = 1.5
STEP 3: Convert Result to Output's Unit
1.5 --> No Conversion Required
FINAL ANSWER
1.5 <-- Discount
(Calculation completed in 00.004 seconds)

Credits

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Indian Institute of Technology (IIT), Roorkee
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23 Financial Accounting Calculators

DuPont Analysis
Go Return on Equity = (Net Income/Revenue)*(Revenue/Average Total Assets)*(Average Total Assets/Average Total Equity)
Internal Rate of Return
Go Net Present Value = sum(x,0,Number of Periods,((Cashflow at End Period/(1+Internal Rate of Return)^x)))-Initial Investment
Net Operating Cycle
Go Net Operating Cycle = ((365/Purchases)*Average Inventory)+((365/Net Receivables)*Average Accounts Receivables)
Discount Lost
Go Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date))
Annual Equivalent Cost
Go Annual Equivalent Cost = (Asset Price*Discount Rate)/(1-(1+Discount Rate)^-Number of Periods)
Net Present Value
Go Net Present Value = sum(x,1,Time Period,(Cash Flow/(1+Internal Rate of Return)^x))
Annual Percentage Yield
Go Annual Percentage Yield = (1+(Stated annual interest rate/Compounding Periods))^Compounding Periods-1
Effective Yield
Go Effective Yield = 1+(Nominal Rate/Number of Payments Per Year)^(Number of Payments Per Year)-1
Depletion Charge per Unit
Go Depletion Charge per Unit = (Original Cost-Residual Value)/Total Number of Units Depletion
Value of Stock
Go Value of Stock = Expected Dividend Per Share/(Cost of Capital Equity-Dividend Growth Rate)
EBITDA
Go EBITDA = Earnings Before Interest and Taxes+Depreciation+Amortization
Shareholders' Equity given Share Capital, Retained Earnings and Treasury Shares
Go Total Shareholders' Equity = Share Capital+Retained Earnings-Treasury Shares
Operating Cash Flow
Go Operating Cash Flow = Earnings Before Interest and Taxes+Depreciation-Taxes
Discount Percentage
Go Discount Percentage = ((List Price-Price Paid)/Price Paid)*100
Residual Value
Go Residual Value = (Cost of fixed asset-Scrap Rate)/Lifespan
Long term Debt to Equity ratio
Go Long Term Debt to Equity Ratio = Long Term Debt/Shareholders Fund
EBIT
Go Earnings Before Interest and Taxes = Revenue-Operating Expense
Depletion Expense
Go Depletion Expense = Depletion Charge per Unit*Units Consumed
Shareholders' Equity given Total Assets and Liabilities
Go Total Shareholders' Equity = Total Assets-Total Liabilities
Discount Factor
Go Discount Factor = 1/(1*(1+Discount Rate)^Number of Periods)
Discount given Discount Rate and List Price
Go Discount = Discount Rate*List Price
Discount given List Price and Price Paid
Go Discount = List Price-Price Paid
List Price
Go List Price = Price Paid+Discount

Discount given List Price and Price Paid Formula

Discount = List Price-Price Paid
D = LP-SP

What are the types of discount?

There are two types of discount trade discounts and cash discounts. Trade discount is given by retailer or wholesaler for buying the item in bulk and cash discount is given to encourage the customers to pay within specified time.

How to Calculate Discount given List Price and Price Paid?

Discount given List Price and Price Paid calculator uses Discount = List Price-Price Paid to calculate the Discount, Discount given List Price and Price Paid is the reduction on the listed price of the item. It is also called rebate or concession in daily life. Discount is denoted by D symbol.

How to calculate Discount given List Price and Price Paid using this online calculator? To use this online calculator for Discount given List Price and Price Paid, enter List Price (LP) & Price Paid (SP) and hit the calculate button. Here is how the Discount given List Price and Price Paid calculation can be explained with given input values -> 75 = 51.5-50.

FAQ

What is Discount given List Price and Price Paid?
Discount given List Price and Price Paid is the reduction on the listed price of the item. It is also called rebate or concession in daily life and is represented as D = LP-SP or Discount = List Price-Price Paid. List Price is the price of an article as shown in a list issued by the manufacturer & The price paid is the price at which the consumer buys a product.
How to calculate Discount given List Price and Price Paid?
Discount given List Price and Price Paid is the reduction on the listed price of the item. It is also called rebate or concession in daily life is calculated using Discount = List Price-Price Paid. To calculate Discount given List Price and Price Paid, you need List Price (LP) & Price Paid (SP). With our tool, you need to enter the respective value for List Price & Price Paid and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
How many ways are there to calculate Discount?
In this formula, Discount uses List Price & Price Paid. We can use 1 other way(s) to calculate the same, which is/are as follows -
  • Discount = Discount Rate*List Price
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